About your Search

20121201
20121231
Search Results 0 to 5 of about 6
:06. president obama flew back to washington from hawaii overnight to work on the plan to avoid the "fiscal cliff." cbs reporter tara mergener says congress remains gridlocked and fewer americans expect any progress before the new year. >>> reporter: senators and staffers will be filling these empty hallways today trying to work out a deal to avoid the "fiscal cliff." higher taxes will give the average american about $1,500 less to spend next year. and economists believe the $110 billion spending cuts will result in more layoffs. senator harry reid has a plan to keep taxes low for everyone making less than $250,000 a year as well as short term spending cuts until a bigger dooley can be reached. >> it is going to be a patch because in four days we can't solve everything. >> reporter: while senators try to brave the bad weather that has hit many parts of the country, in order to make it back here to washington, house leaders say they will not leave home unless the senate passes its bill first. >> good morning? >> reporter: house republicans scuttled the proposal from speaker john boehner last week
fire allegedly in july. >>> same-sex marriage is legal in washington signed into law last night by the governor. dozens of people got marriage licenses at the courthouse in seattle. the state has a three-day waiting period so the earliest it can start is on sunday. >>> a federal government is taking action against the makers of a portable baby recliner after five infant deaths. this is the new model of the nap nanny called the chill. the consumer product safety commission says the device poses substantial risk of injury and death to babies. the company that makes it, baby matters, went out of business a month ago. >>> the temptation not to cheat on a diet is hard enough. now it seems though diets may enhance your sweet tooth. researchers from northwestern university found sweets taste much better when the person is cheating on a diet. yeah, a little drama helps party. the results show the more guilt that you feel the more pleasure you get from eating the treats. i think that's true actually. >> now watching them eat that i want some sweets. >> there you go. >> right? >> we'll ge
approaching but the stalemate in washington continues. the white house is still demanding tax hikes on the top 2%. president obama did lower the amount from 1.6 to $1.4 trillion. republicans say that's not good enough. they are holding out for cuts to programs like social security. >> we'll stay here right through the new year and make sure we resolve this in an acceptable way for the american people. >> the fed chair ben bernanke says just the threat of a "fiscal cliff" is already creating uncertainty in the economy. and that is not good for the stock market. >>> "fiscal cliff" negotiations though are throwing a wrench into year end tax planning, as well. >> but there are plenty of actions to take starting with changes of tax laws that expire at the and of the year. jill schlesinger, editor at large for cbsmoneywatch.com joins us now with information on tax laws that expire at the end of the year. >> good morning. >> first start with people trying to reduce their mortgage debt. >> reporter: this is really interesting because homeowners who have restructured their mortgage debt since the hou
decorated for the holidays, but the mood here in washington is anything but festive. >> i think we're going over the cliff. >> reporter: if congress doesn't act, america will ring in the new year with $110 billion in spending cuts and a $500 billion tax increase leaving the average household with a nearly $3,500 hangover. treasury secretary timothy geithner was on capitol hill to present the plan to congress. >> i was flabbergasted. i looked at him, i says, you can't be serious. >> reporter: president obama wants $1.6 trillion in new taxes on the rich, $400 billion in cuts to entitlement programs, such as medicare, and $50 billion in stimulus spending. >> the president and the white house have had three weeks and this is the best we've got?! >> reporter: mitch mcconnell laughed at them last week. now geithner says if they don't like the president's plan, the republicans should present their own ideas. >> we can't try to figure out what works for them. they have to tell us. >> reporter: but secretary geithner made it clear, there will be no deal that does not include a tax hike on the wealth
on public display at the national archives in washington, d.c. tomorrow. when it was exhibited in michigan last year people waited up to eight hours to get a glimpse. >>> final print edition of "newsweek" is now on newsstands, it is now online only. "newsweek" was first published back in 1933 and became the second largest weekly news magazine. a sign of the times. >>> you know those annoying words and phrases you keep hearing from friends and the media? >> yeah. the media. we are about to give you the worst of the worst from the 38th annual list put out by lake superior state university. here's some of the words and the phrase that is should be banned in 2013. "fiscal cliff." >> gone. >> we're tired of that. >> spoiler alert. trending. that's going to be around for a while. super food. and boneless wings. >> how did that sneak in? >> kim kardashian's next bill role mom. >> she is going to have a baby with her boyfriend kanye west. he announced it yesterday. they have been dating for 8 months. members of her family are tweeting the news. however, kardashian is still married to nba player kr
, lawrence. thank you. >>> despite warnings from the u.n. and washington, north korea says it successfully launched a long-range rocket this morning. the north american aerospace defense command has confirmed an object was launched into orbit. they say they sent a rocket into space for peaceful use but the united states says it's a cover for ballistic missiles. one part of the rocket fell into the yellow sea, another fell into the east china sea and a third part fell into the pacific ocean east of the philippines about 2,000 miles away. >>> a big victory for millionaire fugitive john mcafee. he was released from guatemalan custody. he snuck into guatemala from belize where he is wanted in connection with the murder of his neighbor. a guatemalan judge has given mcafee 10 days to get his immigration situation sorted out. >>> mexican transportation officials say the plane carrying singing sensation jenni rivera plunged almost vertically from 28,000 feet. the plane did a nosedive into the ground at 600 miles an hour. investigators are piecing together the wreckage to find the exact cause of th
Search Results 0 to 5 of about 6